I am also a general partner of a limited partnership for a real estate project near Playa Samara, Costa Rica.Since joining the site a few months ago, I’ve been spending a good amount of time on the boards and tuning into the podcasts.

I am also a general partner of a limited partnership for a real estate project near Playa Samara, Costa Rica.Since joining the site a few months ago, I’ve been spending a good amount of time on the boards and tuning into the podcasts.

Typically we have a ball park idea, the buyer is on board up front and adjust his purchase price down accordingly, then the buyer agrees, or doesn't agree, by addendum later once a final "additional contribution" is determined.

The accouterments of the land could be depreciated, even though the land could not.Or say you owned a surface parking lot, the asphalt could be depreciated though the land itself could not.Or at an apartment complex, the swimming pool, tennis courts, playground equipment, and other improvements could be depreciated though the land it self could not.Somebody I know owns land under a national chain hotel.

Welcome to BP Nation Kendra.

Welcome to BP Nation, your RE related background, particularly the appraisals, will come in handy as a RE investor.

I don't know if there is a "typical" Are you talking about a big national bank or a local bank with only a few branches?

Many of us now have clients nation/world wide.

Many of us now have clients nation/world wide.

Connecticut has some of the highest property taxes in the nation, which will take a sizeable chunk of your cash-flow.Good luck with whatever you choose!